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Externe Working Papers
Given its central role in public accountability and in the formation of expectations, it is important to reflect on ways to improve the ECB’s communication policy. Communication should not generally strive for maximum transparency. The optimum degree of transparency varies between different aspects of monetary policy and banking supervision. Although the ECB already communicates very openly with the ...
Bruxelles:
European Parliament,
2020,
30 S.
(Monetary Dialogue Papers ; February 2020)
| Kerstin Bernoth, Geraldine Dany-Knedlik
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Report
As COP26 drew to a close earlier this month, almost 200 nations agreed to “phase down” coal power in the coming years. How this is done, for coal and other fossil fuels, will have implications for individuals and communities that depend on these resources for their livelihoods.
The first case study conducted by DIW Berlin focuses on Germany and the efforts it has undertaken to support ...
23.11.2021| Claudia Kemfert
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
We develop a comprehensive life-cycle model of elder parent care and work to evaluate options that address pressing conflicts between pension and long-term care (LTC) policies. Many OECD countries react to challenges of demographic change by increasing LTC by family members (informal care) and raising retirement ages. This intensifies conflicts between paid employment and informal care provision....
25.11.2021| Björn Fischer
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International SOEP User Conference
The 14th International German Socio-Economic Panel User Conference (SOEP2022) will be held in Berlin from June 30 to July 1, 2022 at DIW Berlin.
The conference provides researchers who use the SOEP (including the SOEP part of the Cross-National Equivalent File (CNEF) and LIS/LWS data) with the opportunity to present and discuss their work with their peers. Researchers of all disciplines (e.g.,...
30.06.2022| Anja Abendroth (Bielefeld University), Arne Kalleberg (University of North Carolina at Chapel Hill)
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Refereed essays Web of Science
The use of futures instead of forwards exchange contracts completes the maturity spectrum of the correlation between spot yields and the premium. We find that the forward premium puzzle appears to be a precrisis phenomenon and is only observed for maturities longer than about 1 month. Differences in the exposure to risk help to explain cross-sectional spreads in currency excess returns. However, this ...
In:
Journal of Money, Credit and Banking
54 (2022), 1, S. 5-38
| Kerstin Bernoth, Jürgen von Hagen, Casper de Vries
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DIW Discussion Papers 1982 / 2021
It is striking that economists in particular firmly believe in the benefits of rule-binding, even though this belief runs counter to the standard assumption of economic theory that we humans are self-interested and therefore extremely resourceful when it comes to circumventing inconvenient government regulations, e.g. taxes. In Public Choice Theory, politicians are even assumed to have nothing but ...
2021| Gert G. Wagner
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Refereed essays Web of Science
We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has the core reason to prevent outcome inequality. We implement the method in a survey in rural Thailand as well as in a supplemental ...
In:
Journal of Economic Behavior & Organization
191 (2021), S. 236–256
| Melanie Koch, Lukas Menkhoff, Ulrich Schmidt
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Refereed essays Web of Science
Mobile money is an important instrument to improve the degree of financial inclusion, especially in developing countries. However, having a mobile money account does not imply that this account is actually used. In our sample, 86% of microentrepreneurs own a mobile money account, but only 49% actively use it – the resulting gap indicates unmet opportunities. We estimate that mobile money reaches up ...
In:
Journal of Development Studies
58 (2022), 4, S. 671-691
| Jana S. Hamdan, Katharina Lehmann-Uschner, Lukas Menkhoff
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Refereed essays Web of Science
In current immigration debates ethnic prejudice is often expressed in a subtle manner, which conceals its xenophobic content. However, previous research has only insufficiently examined the specific features that make certain ethnically prejudicial statements subtler, i.e., less readily identifiable as xenophobic, than others. The current study employs an experimental factorial survey design and assesses ...
In:
Journal of Social and Political Psychology
9 (2021), 1, S. 187–206
| Karolina Fetz, Martin Kroh
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Refereed essays Web of Science
The urgency to combat climate change and the widely distributed, increasingly competitive renewable resources in North America are strong arguments to explore scenarios for a renewable energy supply in the region. While the current power system of North America is heavily dependent on fossil fuels, namely natural gas, coal and oil, and some nuclear power plants, some current policies at the state level, ...
In:
Energies
14 (2021), 3, 658, 17 S.
| Elmar Zozmann, Leonard Göke, Mario Kendziorski, Citlali Rodriguez del Angel, Christian von Hirschhausen, Johanna Winkler